2-bedroom terraced house · GU28 0DF
Sold STCListed 117 days
Opportunity summary
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About
A pretty period 2 bedroom cottage presented in very good order, with a good size terraced garden and far reaching rural views over the Shimmings Valley.
DESCRIPTION Prospect Cottage is a pretty period cottage with good size garden, located on North Street, Petworth, with most of the rooms having far reaching rural views over the Shimmings Valley.
The cottage has been significantly refurbished and modernised to a very high standard in recent years and offers comfortable and well-presented accommodation arranged over 2 floors.
Access is from either North Street or from a footpath at the rear.
From North Street there is an entrance hall with a double bedroom, a large single bedroom (currently has a small double bed) and a bathroom.
A cupboard houses the boiler and plumbing for a washing machine. A staircase leads down to the kitchen, open plan with the sitting room and with a door opening onto the garden.
The kitchen is fitted with a range of units with a wooden worktop and includes a gas hob with an extractor over, an under counter electric oven, an integrated dishwasher and a breakfast bar.
The garden is charming and a very good size for this type of cottage and is arranged over 2 terraces, with extensive beds, a small brick shed and access to a footpath, all with some fine rural views over the Shimmings Valley.
SITUATION Prospect Cottage is located at the north/eastern edge of Petworth, located on North Street, opposite the wall of Petworth Park and has access to the Shimmings Valley close by.
It is also within walking distance of the excellent range of quality independent and specialist shops and other amenities in the town.
Petworth is a picturesque and historic old market town dominated by Petworth House with its beautiful 750 acres of parkland designed by Capability Brown which can be accessed within a very short distance of the property.
It is located within the South Downs National Park and has a primary school, three churches, various sporting facilities and a range of vibrant societies including the annual Petworth music and literary festivals.
Midhurst (6 miles) has an excellent range of shops as well as the world renowned Cowdray Park Polo Ground and the Cowdray Golf Club.
Chichester (15 miles) provides a broader choice with all the major supermarkets and its well renowned Festival Theatre.
In addition there is horseracing, golf and lots for the motor enthusiast at the famous Goodwood Estate (13 miles).
The area provides a good choice of state and independent schools for both boys and girls. Pulborough mainline station (4 miles) provides a service to Gatwick, London Bridge and Victoria.
SERVICES Mains gas, electricity, water and drainage are connected. Central heating is via a gas fired boiler with radiators.
COUNCIL TAX – Band C £2,208.08 (2026/2027) EPC – D (68) DIRECTIONS From the centre of town head north out of the town along North Street and the property will be found about half way down on the right hand side.
VIEWING Strictly by appointment with the sole agent RH & RW Clutton -
Value & comps
No previous sales on record.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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